Take-Two Interactive Software, Inc. $TTWO Shares Sold by Amundi

Amundi cut its position in Take-Two Interactive Software, Inc. (NASDAQ:TTWO - Free Report) by 24.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,891,072 shares of the company's stock after selling 602,913 shares during the quarter. Amundi owned 1.01% of Take-Two Interactive Software worth $472,730,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. MCF Advisors LLC purchased a new stake in Take-Two Interactive Software during the 4th quarter worth approximately $25,000. Mosley Wealth Management grew its stake in Take-Two Interactive Software by 266.7% during the 2nd quarter. Mosley Wealth Management now owns 110 shares of the company's stock worth $27,000 after purchasing an additional 80 shares in the last quarter. Washington Trust Advisors Inc. grew its stake in Take-Two Interactive Software by 116.4% during the 2nd quarter. Washington Trust Advisors Inc. now owns 119 shares of the company's stock worth $30,000 after purchasing an additional 64 shares in the last quarter. Meeder Asset Management Inc. purchased a new stake in Take-Two Interactive Software during the 2nd quarter worth about $32,000. Finally, Essential Partners LLC increased its holdings in Take-Two Interactive Software by 333.3% during the 1st quarter. Essential Partners LLC now owns 169 shares of the company's stock worth $33,000 after purchasing an additional 130 shares during the period. 95.46% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Take-Two Interactive Software

In other news, Director Ellen F. Siminoff sold 334 shares of Take-Two Interactive Software stock in a transaction on Friday, August 14th. The shares were sold at an average price of $242.34, for a total value of $80,941.56. Following the transaction, the director directly owned 1,666 shares of the company's stock, valued at $403,738.44. The trade was a 16.70% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Michael Sheresky sold 127 shares of the stock in a transaction on Monday, August 17th. The stock was sold at an average price of $245.01, for a total transaction of $31,116.27. Following the sale, the director owned 65,368 shares of the company's stock, valued at approximately $16,015,813.68. This represents a 0.19% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 52,658 shares of company stock worth $12,948,552. Insiders own 1.12% of the company's stock.

Take-Two Interactive Software Price Performance

Shares of NASDAQ TTWO opened at $214.69 on Tuesday. The stock's 50-day simple moving average is $239.35 and its 200-day simple moving average is $223.66. The firm has a market capitalization of $40.14 billion, a PE ratio of -124.10, a price-to-earnings-growth ratio of 1.43 and a beta of 0.97. Take-Two Interactive Software, Inc. has a fifty-two week low of $187.63 and a fifty-two week high of $265.94. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.06 and a current ratio of 1.06.

Take-Two Interactive Software (NASDAQ:TTWO - Get Free Report) last announced its quarterly earnings results on Friday, August 7th. The company reported ($0.18) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.33 by ($0.51). Take-Two Interactive Software had a negative net margin of 4.79% and a positive return on equity of 12.25%. The business had revenue of $1.53 billion during the quarter, compared to analyst estimates of $1.36 billion. During the same period last year, the company earned ($0.07) earnings per share. The business's revenue for the quarter was down 2.1% compared to the same quarter last year. Take-Two Interactive Software has set its Q2 2027 guidance at 0.900-1.000 EPS and its FY 2027 guidance at 5.750-6.000 EPS. As a group, equities research analysts forecast that Take-Two Interactive Software, Inc. will post 5.51 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the company. Wedbush reaffirmed an "outperform" rating and issued a $300.00 price target on shares of Take-Two Interactive Software in a research report on Monday, August 10th. UBS Group reissued a "buy" rating on shares of Take-Two Interactive Software in a research report on Monday, August 10th. BMO Capital Markets reaffirmed an "outperform" rating on shares of Take-Two Interactive Software in a report on Tuesday, July 28th. Weiss Ratings reiterated a "sell (d-)" rating on shares of Take-Two Interactive Software in a report on Friday, July 10th. Finally, Benchmark reissued a "buy" rating on shares of Take-Two Interactive Software in a research report on Monday, August 10th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Take-Two Interactive Software currently has an average rating of "Moderate Buy" and an average price target of $296.95.

Take-Two Interactive Software Company Profile

Take-Two Interactive Software is an American video game publisher headquartered in New York City. Founded in 1993 by Ryan Brant, the company is publicly traded on the NASDAQ under the ticker TTWO and is led by Chairman and CEO Strauss Zelnick. Take-Two operates through distinct publishing labels that manage development, marketing and distribution of interactive entertainment for a global audience.

Take-Two's publishing portfolio includes Rockstar Games and 2K, as well as the Private Division label, which supports independent and mid-size developers.

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